Guideline Value for Mallan Ponnappa Mudali Street

Mallan Ponnappa Mudali Street guideline value

The current guideline value of Mallan Ponnappa Mudali Street is Rs 6,600 per sq.ft, effective from 1 July 2024. This street is located in Triplicane village, under the Triplicane SRO, and is classified as Residential Class I Type - I.

How the guideline value of Mallan Ponnappa Mudali Street has changed

Starting from the 2007 revision, the guideline value was Rs 1,145 per sq.ft. This figure saw a significant increase to Rs 6,000 per sq.ft in the 2012 revision, marking a change of +424%. The value remained unchanged at Rs 6,000 per sq.ft in the 2023 revision. The latest revision in 2024 has increased the guideline value to Rs 6,600 per sq.ft, reflecting a change of +10% from the previous year.

There are no figures available for the revisions in the years 2002, 2003, and 2017 for Mallan Ponnappa Mudali Street. Overall, from 2007 to 2024, the guideline value has increased by +476%.

Guideline values in Triplicane

In Triplicane, there are 415 streets under the Triplicane SRO that carry a 2024 guideline value ranging from Rs 2,700 to Rs 20,900 per sq.ft. The median guideline value for these streets is Rs 6,600 per sq.ft, which aligns with the 2024 figure for Mallan Ponnappa Mudali Street.

• Mahdi Hussain Khan Bahadur St: Rs 6,600 per sq.ft (2024)
• Manicka Maistry Street: Rs 6,600 per sq.ft (2024)
• Maroof Saheb Lane: Rs 5,500 per sq.ft (2024)
• Maroof Saheb Street: Rs 5,500 per sq.ft (2024)
• Massudhi Street / Small Massudhi (Mosque Street & Lane): Rs 6,600 per sq.ft (2024)
• Lodd Govindas Salai: Rs 6,600 per sq.ft (2024)

Stamp duty and registration fee for property in Mallan Ponnappa Mudali Street

For a 1,000 sq.ft plot at the current guideline value of Rs 6,600 per sq.ft, the total guideline value amounts to Rs 66,00,000. The stamp duty at 7% would be Rs 4,62,000, and the registration fee at 2% would be Rs 1,32,000, totaling Rs 5,94,000. Stamp duty is charged on the higher of the guideline value or the sale price.

You can use our stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers Mallan Ponnappa Mudali Street?

The Sub Registrar Office that covers Mallan Ponnappa Mudali Street is the Triplicane Sub Registrar Office, located at No.182 Bharati Salai (Pycrafts Road), Royapettah, Chennai-600014. You can find your SRO for more information.

How the guideline value is used when you buy or sell in Triplicane

The guideline value is a crucial factor when registering property transactions in Triplicane. It determines the stamp duty and registration fees that need to be paid, ensuring that the transaction is recorded at an official value set by the government.

Frequently asked questions

What is the current guideline value of Mallan Ponnappa Mudali Street?

The current guideline value of Mallan Ponnappa Mudali Street is Rs 6,600 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 1,145 per sq.ft in 2007 to Rs 6,600 per sq.ft in 2024, marking a total increase of +476% over the years.

What is the land classification of Mallan Ponnappa Mudali Street?

Mallan Ponnappa Mudali Street is classified as Residential Class I Type - I, indicating its suitability for residential purposes.

Where can I find the Sub Registrar Office for this street?

The Sub Registrar Office for Mallan Ponnappa Mudali Street is located at No.182 Bharati Salai (Pycrafts Road), Royapettah, Chennai-600014.

How is the stamp duty calculated for properties in Triplicane?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For example, for a property valued at Rs 66,00,000, the stamp duty would be calculated accordingly.